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Question

Question 1
1. People who make goods or provide a service are called(1 point)
Responses

consumers
consumers

needs
needs

producers
producers
Question 2
2. Things that we have to have to survive are called ______.(1 point)
Responses

barter
barter

needs
needs

wants
wants
Question 3
3. To trade something that you have for something you want is called ______________.(1 point)
Responses

supply
supply

bartering
bartering

economics
economics
Question 4
4. The study of making, buying, and selling goods or services is called _____________________.(1 point)
Responses

economics
economics

producers
producers

wants
wants
Question 5
5. If an item is not selling at a store, what should the owner do?(1 point)
Responses

Stop selling the item
Stop selling the item

Lower the price
Lower the price

Raise the price
Raise the price
Question 6
6. Exchange Vocabulary(1 point)
Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.
Trade
Check
Credit
Currency
Question 7
7. What are the steps to produce goods?(1 point)
Arrange responses in the correct order to answer the question. Select a response, navigate to the desired position and insert response at that position. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can be moved using the up and down arrow keys or by dragging with a mouse.
Question 8
8. Trade with another country can lead to relying on imports to function, which is interdependence. (1 point)
Responses

True
True

False
False
Question 9
9. Coal is a common resource in the United States and is commonly used in manufacturing. (1 point)
Responses

True
True

False
False
Question 10
10. You should spend more on your wants than needs. (1 point)
Responses

True
True

False
False
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Answer 1

Here are the answers to your questions:

1. People who make goods or provide a service are called producers.
2. Things that we have to have to survive are called needs.
3. To trade something that you have for something you want is called bartering.
4. The study of making, buying, and selling goods or services is called economics.
5. If an item is not selling at a store, what should the owner do? Lower the price.
6. Exchange Vocabulary: (Arrange as follows)
   • Currency
   • Credit
   • Check
   • Trade
7. What are the steps to produce goods? (This one requires specific steps, but a typical order could be):
   • Identify a need
   • Plan the production
   • Obtain materials and labor
   • Produce the goods
   • Market and sell the goods (Make sure to adjust based on context if you have specific steps provided.)
8. Trade with another country can lead to relying on imports to function, which is interdependence. True.
9. Coal is a common resource in the United States and is commonly used in manufacturing. True.
10. You should spend more on your wants than needs. False.

Please let me know if you need any further assistance!